Provident fund loan interest rates drop for the first time in seven years - Taiyuan News - Taiyuan Daily


2022-10-07: [Chinese Article Link] The homeowners also favoured the policy, and following the two-degree reduction in interest rates on mortgages, the high-profile Provident Fund loan rate was also reduced for the first time in seven years. On 30 September, the People's Bank of China announced that, with effect from 1 October 2022,


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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Provident fund loan interest rates drop for the first time in seven years - Taiyuan News - Taiyuan Daily


2022-10-07: [Article Link] The homeowners also favoured the policy, and following the two-degree reduction in interest rates on mortgages, the high-profile Provident Fund loan rate was also reduced for the first time in seven years. On 30 September, the People's Bank of China announced that, with effect from 1 October 2022,

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.